Top in attracting foreign direct investment (FDI) nationwide, synchronous and modern traffic and urban infrastructure, abundant supply are factors that create the attractiveness of Hai Phong real estate market.
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| Favorable conditions in road traffic infrastructure and large supply contribute to the attractiveness of Hai Phong real estate market. (Source: Vneconomy) |
According to many experts, Hai Phong is a bright spot in the country's socio-economic development, for example, it is always in the top of provinces and cities in attracting FDI, and is the only locality in the country to have an economic growth rate of over 10% for 10 consecutive years.
The city is orienting its economic and social development based on three pillars: high-tech industry, seaports - logistics, trade and tourism. All of these areas are developing strongly, creating potential for the Hai Phong real estate market and having great appeal compared to neighboring localities.
Socio-economic development is one of the important factors attracting people from other localities to Hai Phong to live and work.
According to the latest information from the Hai Phong Economic Zone Management Board, there are currently over 1,000 FDI projects operating in the city with a total number of workers working in this area of over 200,000 people.
Among them, foreign experts are those who need to access high-end housing and 2/3 of out-of-province workers need to access social housing, subdivided land, and residential land.
Ms. Lam Bich Ngoc, Sales Director of Mai Anh Real Estate Trading Floor, said that the central districts of the Port City such as Hong Bang, Ngo Quyen, Le Chan... have high population density and diverse demand for access to real estate products.
The inner city area has many types of real estate products, from commercial high-rises, social housing high-rises, townhouses, land plots...
Hai Phong Real Estate Association also informed that in the area there are about 32 commercial housing projects with investors; of which 15 projects have opened for sale thousands of apartments such as: Vinhomes Royal Island (Thuy Nguyen city), Golden Point (Kien An district), some projects of Hoang Huy Financial Investment Group...
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| 80% of investors and experts agree that the Hai Phong real estate market will enter a vibrant period in the coming years, especially in 2025. (Source: VNA) |
Along with the projects, the concentration of investment resources in developing urban infrastructure in Thuy Nguyen city and An Duong district has created a large supply for the subdivision and land sale segment.
Mr. Nguyen Van Thuy, from Hai Duong, is looking for a house in the central area of An Duong district and said: Compared to 2 years ago, finding a house in this area has more options because the urban infrastructure has been invested synchronously, many roads have been expanded, so the landscape is spacious and clean.
He is choosing a plot of land with an area of about 80m2 and is trading for nearly 2 billion VND. This price has increased by about 10% compared to 2024 but is still acceptable.
According to the Hai Phong Real Estate Association, survey results show that 80% of investors and experts agree that the Hai Phong real estate market will enter a vibrant period in the coming years, especially in 2025.
This is a positive signal, reflecting the great expectations of investors in the development potential of the Port City - a place that converges many favorable factors to become an attractive destination on the real estate map of Vietnam.
Vice Chairman of Hai Phong City People's Committee Nguyen Duc Tho commented that conditions regarding growth index, investment attraction, sustainable multi-sector industrial investment foundation, administrative reform index, competition, stable security and order... are opportunities for Hai Phong real estate to flourish in 2025.
In the coming time, the city will continue to accompany units and enterprises in investment, publicizing and transparently providing information on economic development projects as well as policies and growth in the real estate industry, housing development, and access to loans.
Source: https://baoquocte.vn/bat-dong-san-hai-phong-tai-sao-hap-dan-den-the-306427.html
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